Factory Land and Building for Auction Cholampatti Village Karaikudi 2.5 Crore by Indian Overseas Bank 06 Jul 2026
Cholampatti Village, Karaikudi
Area: 0.765 Hectares
Door No.495, Cholampatti Village, 32- Karaiyur group, Tirupathur Sub-District, Karaikudi Registration District, Tamil Nadu
Indian Overseas Bank · Regional Office : Karaikudi
Reserve price
₹2,50,73,250
EMD ₹25,07,325
Auction date
06 Jul 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 0.765 Hectares
- ▸Locality: Cholampatti Village
- ▸Reserve: ₹2,50,73,250
- ▸EMD: ₹25,07,325
Auction snapshot
| Possession | Symbolic |
| Property type | Factory land and Building · Industrials |
| Locality | Cholampatti Village |
| Built-up / plot area | 0.765 Hectares |
| Lender | Indian Overseas Bank |
| Branch | Regional Office : Karaikudi |
| Unit / flat no. | Door No.495 |
| Auction type | SARFAESI Auction |
| Service provider | BAANKNET |
About this property
Factory land and Building bank auction in Cholampatti Village, Karaikudi by Indian Overseas Bank — reserve price ₹2,50,73,250, 0.765 Hectares, Symbolic possession.
Discover a valuable industrial property for sale through an Indian Overseas Bank e-auction. Located in Cholampatti Village, Karaikudi, Tamil Nadu, this factory land and building (Door No. 495) is situated in the 32-Karaiyur group, Tirupathur Sub-District. The property spans a substantial total area of 0.765 Hectares across survey numbers 32/1E, 32/1J, and 32/1B, featuring a constructed building with electric fittings. Offered at a competitive reserve price of ₹2,50,73,250, this bank auction property has nil known encumbrances, making it a secure investment. The e-auction is scheduled for July 6, 2026. This industrial land for sale is an ideal opportunity for businesses seeking expansion or investors looking for strategic assets in Tamil Nadu.
GeoSquare note: This industrial factory land and building in Karaikudi offers significant investment potential for industrial development or expansion. Its strategic location in Cholampatti Village, coupled with a clear title (Nil encumbrance) as per the bank, enhances its appeal. Although possession is symbolic, the competitive reserve price and the nature of a bank auction present a strong buying opportunity for informed investors.
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